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I crunched the data on the Rarible NFT marketplace. Here are five key insights I found 
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[1/5] The average Rarible NFT purchase price in April was $๐ญ,๐ฑ๐ฏ๐ฒ.
[2/5] ๐ฑ.๐ฎ% of Rarible creators have sold at least 1 NFT (๐ด๐ฑ,๐ณ๐ต๐ญ have minted, ๐ฐ,๐ฐ๐ต๐ญ have made a sale).
[3/5] The average all-time earnings of Rarible artists who have made a sale is ๐ฌ.๐ฒ๐ด ๐๐ง๐. At today& #39;s price, that& #39;s $๐ญ,๐ด๐ณ๐ฌ (assuming the artist hodled).
![[3/5] The average all-time earnings of Rarible artists who have made a sale is ๐ฌ.๐ฒ๐ด ๐๐ง๐. At today& #39;s price, that& #39;s $๐ญ,๐ด๐ณ๐ฌ (assuming the artist hodled).](https://pbs.twimg.com/media/E0O9gyOXIAIDsMw.jpg "[3/5] The average all-time earnings of Rarible artists who have made a sale is ๐ฌ.๐ฒ๐ด ๐๐ง๐. At today& #39;s price, that& #39;s $๐ญ,๐ด๐ณ๐ฌ (assuming the artist hodled).")
[4/5] ๐ญ๐ญ,๐ฒ๐ณ๐ฑ buyers have purchased an NFT on Rarible. ๐ฑ๐ฑ% of these buyers have total purchases in the ๐ฌ-๐ฌ.๐ฑ ๐๐ง๐ range.
![[4/5] ๐ญ๐ญ,๐ฒ๐ณ๐ฑ buyers have purchased an NFT on Rarible. ๐ฑ๐ฑ% of these buyers have total purchases in the ๐ฌ-๐ฌ.๐ฑ ๐๐ง๐ range.](https://pbs.twimg.com/media/E0O9g-XXIAYnIFh.jpg "[4/5] ๐ญ๐ญ,๐ฒ๐ณ๐ฑ buyers have purchased an NFT on Rarible. ๐ฑ๐ฑ% of these buyers have total purchases in the ๐ฌ-๐ฌ.๐ฑ ๐๐ง๐ range.")
[5/5] The Rarible governance token ($RARI) has a $๐ณ๐ฎ.๐ฏ๐ market cap, and the price currently sits at $๐ญ๐ต.๐ฎ๐ฒ.
Iโm very interested in seeing how NFT platforms that claim to have decentralized governance as a goal expand the functionality of their governance tokens over time to meet this vision and thereby justify the value of the token.
Rarible presents submitting and voting on platform dev proposals as a key right of token holders. But Raribleโs proposal platform is currently a feedback board you can post and vote on regardless of token ownership. The governance process is off-chain. https://bit.ly/3nF5GzR ">https://bit.ly/3nF5GzR&q...
This is in no way an indictment of Rarible. Itโs still early days. Iโm rooting for them to succeed in that long term goal of evolving into a DAO, and Iโm excited to see how Rarible and other NFT platforms that have made similar claims transform to live up to that ideal.
Hope you found this interesting! Let me know in the comments what other questions about the Rarible marketplace you would like to have answered, and follow me for more NFT data analysis.
Also, Iโd like to give a special thanks to @jpaine. He recently connected me with some amazing dev support! The technical leverage Jeff unlocked is going to be super useful in preparing future breakdowns https://abs.twimg.com/emoji/v2/... draggable="false" alt="โก" title="Hochspannungszeichen" aria-label="Emoji: Hochspannungszeichen">
